Prudential PLC Increases Stake in iShares Russell 2000 ETF $IWM

Prudential PLC raised its position in iShares Russell 2000 ETF (NYSEARCA:IWM) by 26.4% during the fourth quarter, HoldingsChannel reports. The firm owned 84,400 shares of the exchange traded fund’s stock after purchasing an additional 17,650 shares during the period. Prudential PLC’s holdings in iShares Russell 2000 ETF were worth $20,776,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Brighton Jones LLC lifted its stake in shares of iShares Russell 2000 ETF by 2.6% in the fourth quarter. Brighton Jones LLC now owns 87,732 shares of the exchange traded fund’s stock worth $19,385,000 after buying an additional 2,221 shares in the last quarter. Revolve Wealth Partners LLC lifted its stake in shares of iShares Russell 2000 ETF by 13.2% in the fourth quarter. Revolve Wealth Partners LLC now owns 12,233 shares of the exchange traded fund’s stock worth $2,703,000 after buying an additional 1,431 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its stake in shares of iShares Russell 2000 ETF by 16.3% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 9,300 shares of the exchange traded fund’s stock worth $1,855,000 after buying an additional 1,300 shares in the last quarter. FSC Wealth Advisors LLC lifted its stake in shares of iShares Russell 2000 ETF by 416.6% in the second quarter. FSC Wealth Advisors LLC now owns 22,515 shares of the exchange traded fund’s stock worth $4,859,000 after buying an additional 18,157 shares in the last quarter. Finally, Sei Investments Co. lifted its stake in shares of iShares Russell 2000 ETF by 22.3% in the second quarter. Sei Investments Co. now owns 16,320 shares of the exchange traded fund’s stock worth $3,522,000 after buying an additional 2,975 shares in the last quarter.

iShares Russell 2000 ETF Trading Up 1.5%

NYSEARCA:IWM opened at $292.01 on Friday. The company’s 50-day moving average price is $273.11 and its 200-day moving average price is $261.23. The company has a market cap of $81.09 billion, a P/E ratio of 17.69 and a beta of 1.11. iShares Russell 2000 ETF has a twelve month low of $206.81 and a twelve month high of $292.88.

iShares Russell 2000 ETF Profile

iShares Russell 2000 ETF (the Fund) is an exchange-traded fund. The Fund seeks investment results that correspond generally to the price and yield performance of the Russell 2000 Index (the Index). The Index is a float-adjusted capitalization weighted index that measures the performance of the small-capitalization sector of the United States equity market and includes securities issued by the approximately 2,000 smallest issuers in the Russell 3000 Index. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.